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Wonderland Foods, Capital XB raise funds in $15-mn plus rounds

New Delhi, Oct. 24 -- Healthy snacking brand Wonderland Foods has raised Rs 140 crore ($16 million) in its first institutional round of funding. The round was led by impact-focused venture capital fi... Read More


Blackstone to buy minority stake in Federal Bank

New Delhi, Oct. 24 -- Alternative asset manager Blackstone will acquire a 9.99% stake in Federal Bank for nearly Rs 6,196 crore (around $716 million). The investment will be made via Blackstone affil... Read More


HomeLane reports 22% growth in net sales, misses target

New Delhi, Oct. 24 -- Homevista Decor & Furnishings Pvt. Ltd, which owns the brand HomeLane and acquired its rival Design Cafe last year in a share-swap deal, reported an operating revenue of Rs 748 c... Read More


Uniphore raises $260 mn from NVIDIA, AMD, others in flat round

New Delhi, Oct. 23 -- Conversational automation platform Uniphore has raised $260 million (around Rs 2,285 crore) in Series F funding that values it at the same level as the previous round three-and-a... Read More


UnifyApps snags $50 mn from WestBridge, others; names new co-CEO

New Delhi, Oct. 23 -- Homegrown private equity firm WestBridge Capital has led enterprise AI platform UnifyApps' $50 million (around Rs 438.5 crore) Series B funding round that also saw participation ... Read More


GEF Capital-backed Premier Energies to buy power transformer maker in $57-mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed solar cell manufacturer Premier Energies Ltd is set to enter the power transmission sector with the acquisition of a majority stake in a Hyderabad-bas... Read More


GEF Capital-backed Premier Energies enters power-transmission with $57mn deal

New Delhi, Oct. 23 -- GEF Capital Partners-backed and NSE-listed solar-cell manufacturer Premier Energies Ltd is set to enter the power-transmission sector with the acquisition of a majority stake in ... Read More


Michezo Sports, Megaliter Varunaa lock in early-stage funding

New Delhi, Oct. 23 -- Sports-facilities provider Michezo Sports has secured $2 million (around Rs 17.6 crore) in its pre-Series A funding led by Centre Court Capital, a sports and gaming-focused ventu... Read More


ShareChat backer India Quotient closes fifth fund, its largest to date

New Delhi, Oct. 22 -- India Quotient, a Bengaluru-based early-stage venture capital firm, has made the final close of its fifth fund at $129 million (around Rs 1,132 crore), marking its largest fundra... Read More


Amicus-backed Berar Finance raises $17 mn; new investors enter captable

New Delhi, Oct. 22 -- Nagpur-headquartered non-banking lender Berar Finance has raised Rs 150 crore (around $17 million) led by Norwegian Fund Abler Nordic, along with participation from First Bridge ... Read More